16.05.2014 - EU Carbon Permits Fall Most in Three Weeks on Expanded Surplus

European Union carbon permits fell the most in almost three weeks in London after the market regulator said a surplus of the emission allowances expanded last year.
Permits for December dropped 6.8 percent, the most since April 25, to 4.81 euros ($6.60) a metric ton at 4:40 p.m. in London on the ICE Futures Europe exchange. The contract slid as much as 8.5 percent earlier today. The allowances dropped for a third consecutive year in 2013...............................................Full Article: Source